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Market Impact: 0.25
Ten-Year Note Auction Attracts Well Above Average Demand
Source: Nasdaq
Interest Rates & YieldsCredit & Bond MarketsSovereign Debt & Ratings
The U.S. Treasury's $39 billion auction of 10-year notes attracted above-average demand, following similarly strong demand for the prior day's three-year note sale. The results indicate solid investor appetite for Treasury debt and provide a modestly supportive signal for the government bond market.
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